Telegram-herald., 1887-05-27
BANKING BUSINESS
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Lsssase. Kay - Ths sebsts speai =
large T'srt a shs dss il ths oealsi.ieiAtloa IN
COMMITTEES q tas Whole - ssaasos Nonros's
aA 70 reviss tie is~s sufhoriziag tbs bus.
iaess q oenkiaE aud 81 ESTABLISH : shAnklax
dsq4staakat ior ihs sar<rYif;on Il sach
eassness, aud after makans 3 fes siishs
ehsnges. Suspended ths rules aud E4ssed II
+, b vote u ysss =. nsys acne The hiii Is
long oae. eoutsinsns sixty-six sections
covering tseEsy pages of priated snaiter "a
tlit sc4A2. 4 iifof41es f4r i1e appointment
~ the G0Fesameat by aaG unk
Tee s1xice AM consent ~ tse sen
ate. q Commissioners OF TIE Bsaksnx
dsasftmeDi. wAo sh4l appoint q 3epais
AID lie necessary number of csrks aud
| saaii hsFe supervision ana charee 81 e
bELSipg business Of ihe ktAte. sAsll oaSks II
east i02r examinations Il every baak o.
EsniEe1 uadsr the prov .si0ns Of Gae lsx
each year. ard as many specizi exsn4oA-
TOTS as are deensed neoesssry foF 10
safesY ot dep3sitt.rs aud sioek b9.aefs aaa
mske reports ~ saeh examinations to lie
state Treasurer, 10 be published with as
annual report 10 ths Governor. J Ae de-
paftfueof Is not 10 east the state dollar. -
The expenses viii ali be met bg exa4lli-
nation lees 20 be paid by gis
banks examined, the afnount of such fees 10
be ossea ols tie tstsi assets of such hanks
Ihe biz places festFlcilonz around lhe hasi-
mess. aud fFssx.oss peaailies. II passed ~
10th houses. rs il will surely be. tne biil i
10 he sabDitled 70 a vote oi the people al
the general election IN November. less sad
II adopted Is 10 then become Law.
-
Following the disposition Of the banking
bill the Senste took mp under a
special order Senator Cnossy's bill 10
lake the dellnqcent fsx system from the
Auditor Generals Office aud carry Il iula
the several c0gnfies,of the state. Mf. trosby
presented tigures 20 SHOW that sne annual
expense OF the Auditors office Is nearly
5000 while Senators HuSbell aud J. ~.
Bsocock followed with figures 10 show that
all The expenses OF the office are paid from
renalties ~ per cent. additonelj paid bv
those who are delinaa-nt with their taxes.
end that the Office bzs actually paid the
state clear profit OF over SI2 90 per year
for many years from the sane source. and
should not therefore be- deprived OF THIS
revenue and profit by any retarn TO the
county system. Senators O'Reiliy Cor
man. Howell and sharp termed Ia 70 heip
~.
bnt the tide agsins. Il s4s too strong. and
tic conmires r,ee with tie fscomnenda-
tton thar all after tie enAcdn9 CLAUSE Of The
biz ee stricken out. ard the Sensie conScr-
red ia the recommendation. yeas IS. nsvs
lo. Senator Crosby has hsd strong conii-
oencc that his bili would pass. bat ;be power
THAI he gilled faat ths state sAaii not re-
tnrn TO the couasy sysiem.
The House spent naf Of the forenoon IA
discussing Senator Shsrp's Swamp Land
biz 10 rspcal the law Of 1856, 20 return TO
the conafes tie money received from tie
sale Of sgainp lsad. which were 30 strongly
fought Tor aud against ia tbs Senate q Few
weeks ego. all the newer County Senator'S
opposing the repeal. aud those ia the oider
sections ot the Stsfe fayoring IL After a
long discussion today The House failed to
pass Il.
The Senate bill. 10 appropriate $40 900 to |
aid the Lake Linden ahe sufferers failed 10
receive the Necessary fvo-shirds vote TO
pass private appropriation, receiving only I
sixty yeas and only one nay--Ar. Beechsr |
who was c0axed into moving far a recon
siderati0n. anJ IL IS expo ed :hzt the
Other haif-cozen votes will be secured by
tomorrow.
The Marine City pll was called back |
'agsin from tie Senate this afternoon, and |
while the House bad once voted on passing |
the bisl over the Governors veto and failed |
TO 30 pass IL IA two-third's vote being re.
Quiredl the Speaker entertained q motion !
70 again reconsider the vote for The par
pose OF making another effort 70 |
psss u over the veto. Ii was |
recoDsJered and tabled Many good |
pariiamentarisns. including Clerk Cross
man. think tie matter was finally disposed |
OF when the tte was taken yesterday on /
over riding the veto, and tha. no other vote /
can ever be had. Representative Rnmsey |
entered long protest on the journal and /
the S.sakor followed IL with defense Of |
his position that Il mag be again voted on. |
.~s
: The Grand Rspids committee of furniture
manufacturers have made their aFgu.uenis |
pefofe TIE senate Committee on insurance i
N Isyor OF the passage OF the Coie aufi- 4
compact bill and jeff FOR home. bat the 4
Committee will not probably report the bill i
either way this week.
"a
The House adopted the concurrent reso-
lutien for the appointment by the Governor
Of five commissioners 70 represent Michigan
81 the celebration Of Ohios centennial TO be
held ~ Marietta. in April. lssS.
sss
The grand consolidation scheme for al
the SaziDaws is now on in the Senate. and
the proposition il not likely 20 clip through
that body ss easily or as rapidly as II di5
through the House.
80
The Senste ref8sed. ysas 2. nays IS 70
take Senator Sbarp's resolution fof fnei
June Tito from the tab.e--too
sariy yes . az day, they argue.
DRsEEvEs
Cholera fn south sfnerioa.
Pm /. - ~. ~ ~ H. l...L ~. /